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WSJ What’s News

How ESG Became a Dirty Word in Corporate America

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 9 January 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

P.M. Edition for Jan. 9. Businesses are making a conscious effort to avoid using the acronym ESG to highlight their environmental, social and governance initiatives. WSJ workplace, management and leadership reporter Chip Cutter explains what’s behind the shift. And Boeing’s CEO says the company needs to acknowledge “our mistake,” after a door-plug failure on an Alaska Airlines flight. Plus, Meta puts tighter restrictions on teen accounts on Instagram and Facebook. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:25.8

How ESG became a dirty word in corporate America.

0:35.0

Now we're at the point where a lot of executives are working hard not to use the term ESG

0:41.0

or to rebrand corporate committees to think sort of differently about how they

0:46.9

explain all of this.

0:48.7

And Meta puts tighter restrictions on teen accounts on Facebook and Instagram.

0:53.4

Plus, a US appeals court signals skepticism

0:56.3

over Trump's immunity claim.

0:58.2

It's Tuesday January 9th.

0:59.9

I'm Anne Marie Fertulli for the Wall Street Journal.

1:02.4

This is the PM edition of What's News,

1:04.7

the top headlines and business stories

1:06.6

that moved the world today. Bitcoin briefly jumped to near $48,000 after a message posted on the Securities and Exchange Commission's account on X said it approved the listing of

...

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